Slide Deck

70 Slides available anytime
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Top Year-End Tax Strategies

 

Learn to identify individual and business opportunities for tax savings and benefits.

U.S. taxpayers are still adjusting to tax changes and strategies due to the U.S. tax reform under the Tax Cuts and Jobs Act of 2017 (TCJA). Many aspects of tax planning and preparation continue to provide opportunities and benefits but limitations and costs may offset some gains.
However, by the end of 2025, there may be a sunset and expiration of many TCJA tax provisions. The taxpayers need to reassess whether they are factoring all of the benefits available under current law. This webinar will provide you with an overview of the tax preparation and planning issues that now apply to individuals and businesses, including changes in pass-through income and corporate taxes. While some tax planning occurs prior to the end of the year to adjust income and related expenses, significant tax decisions must be made at the time of filing the tax returns and extensions to file timely. The range of topics includes individual filing status, retirement contributions, and investment alternatives, along with business elections for depreciation, timing of business losses, and method of accounting issues. The tax decisions that impact your tax returns can have both current and future tax benefits and impacts.

Agenda

Faculty

Thomas M. Kosinski, C.P.A., M.S.T.

Thomas M. Kosinski, C.P.A., M.S.T.

Ostrow Reisin Berk & Abrams, Ltd.

  • Director of the tax practice of Ostrow Reisin Berk & Abrams, Ltd. (ORBA)
  • Offers more than 25 years of experience providing tax planning and technical advice for individuals and the owners of closely held companies
  • Provides specialized tax planning services to his clients, which include high-net-worth individuals and business entrepreneurs
  • Advises on federal and state tax planning and tax compliance issues for real estate clients and businesses
  • Frequent speaker with the Illinois CPA Society covering federal tax updates, IRS representation, individual and corporate tax compliance, and income tax strategies for business transactions
  • Member of the American Institute of Certified Public Accountants (AICPA) and Illinois CPA Society and former president of Chicago South Chapter
  • M.S. degree in taxation; B.S. degree in accounting, summa cum laude, DePaul University
  • Can be contacted at 312-670-7444 or [email protected]

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